Next Magazine calls it a day in TaiwanLocal | Angel Kwan 21 Feb 2020
Next Magazine will cease operations in Taiwan at the end of the month - two years after it discontinued its magazine in Hong Kong and Taiwan and became an online news platform.
Operations will come to an end next Saturday "due to the Hong Kong Next Media Group's business transformation needs," the group announced yesterday.
Some 100 staff will be affected by the decision, with the statement saying that the rights of all employees would be protected under Taiwan's Labor Standards Act, among other laws.
Subscriptions will stop at midnight of March 2, it added, with subscribers eligible for a refund or to switch their subscription to Apple Daily.
"We hereby would like to express our gratitude and apologize to all our staff and readers that have supported us throughout the years," the statement said.
The Association of Taiwan Journalists said if all of the 100 Next Magazine employees are dismissed, the company should submit a mass redundancy plan to the department of labor and the staff union according to the law.
However, the association said the magazine's staff union had not received any such plan.
The department of labor for the Taipei city government stated it had not received a mass redundancy plan from the company, and no complaints from staff had been received yet.
The department will meet with the union and the company in the next few days to decide further actions.
The weekly magazine, founded by Hong Kong media tycoon Jimmy Lai Chee-ying, stopped its print publication in both Hong Kong and Taiwan in March 2018.
Next Magazine and its sister newspaper Apple Daily were largely known for introducing tabloid journalism to Taiwan with their paparazzi-style reporting for nearly 19 years.
The company has also been at the center of several controversies, including a report accusing Lien Chan, a past chairman of the Kuomintang, of beating his wife.